116 Fawn LaneRoaring GapNC28668
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Roaring Gap at 116 Fawn Lane, Roaring Gap, NC, 28668 priced at $585,000 pairs $0/mo rent with after a $2,863/mo payment. Total monthly income equals $0/mo. Return on cash invested is -2.17% in year one, and rental yield stands at 0% on a $585,000 basis. Equity gained on principal adds $3,775/yr, and 5% annual appreciation accumulates to $161,625 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $2,863/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28668, Roaring Gap, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27 (100%) |
| Owner Occupied HU | 8 (29.6%) |
| Renter Occupied HU | 4 (14.8%) |
| Vacant Housing Units | 15 (55.6%) |
| Median Home Value | $350,000 |
| Average Home Value | $507,813 |
Housing Distribution
Address Breakdown
Residential
19
Single Family
19
Multi-Family
0
Businesses
31
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No similar rental properties found nearby.
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Listed by: Timothy Nichols • Realty One Group Select
Mls Name: High Country AOR
Mls ID: #257853